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Clara Luz

Update on Clara Luz

Clara needs a new loan to continue investing in her business growing basic grains. She will use it to buy agricultural supplies (manure, weed killer, plaguicide, insecticide, pesticide, corn seeds, among other things) which she needs for her crops and to help her boost her production, as she will have everything ready for sowing. Her financial situation and family circumstances have improved immeasurably.
View original language description ↓
Clara, requiere de un nuevo préstamo para seguir invirtiendo en el cultivo de granos basicos; este le permitirá comprar los insumos agrícolas necesarios para realizar el cultivo tales como: abono, herbicidas, plaguicidas, insecticidas, pesticidas, semilla de maíz, entre otros; este le ayudara a mejorar la producción, ya que tendrá todo listo para la siembra.
Las condiciones economicas y las circunstancias familiares se han optimizado.

Previous Loan Details

Clara lives with her husband and three children. She and her husband grow corn, plantain and sesame. For 23 years she has been in farming since she learned the trade from her parents. She has no specific work schedule. The loan will be used to buy farm supplies such as pest control products... More from Clara Luz's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About El Salvador

  • $7,500
    Average annual income
  • 728
    View loans »
    El Salvador Loans Fundraising
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Clara Luz to buy manure, weed killer, plaguicide, insecticide, pesticide, corn seeds, among other things.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 8, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014